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CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three segments: self-mining, hosting and miner sales. The Company is the supplier of graphics processing unit (GPU) and Australian securities and investments commission (ASIC) miners & hosting solutions worldwide. The Company also provides equipment hosting services to customers worldwide, for which services the Company receives hosting fees, as well as sells miners to customers. The Company operates data centers in the United States and Canada. Its wholly owned subsidiaries include CryptoStar Holdings Inc., CryptoStar USA, Inc., and Neuro Digital Inc.


TSXV:CSTR - Post by User

Bullboard Posts
Post by guildwood1on Dec 01, 2016 11:59am
146 Views
Post# 25540758

EXO U will return to previous highs

EXO U will return to previous highsThe impatience here is laughable. Obviously we would all love this to soar straight to all time highs however they have only just released their new flagship product which has already had Panasonic amend their licensing agreement to 1500 of the new product form the old and a partnership with SAMSUNG. 

The financials only note 1 month of the flagship products sales and already invoice $88k in a month. I understand that is in no way going to skyrocket this stock but "investors" need to be realistic with expectations here and the only reason why were back down to these level are the few that had irrational expectations on the quarters earnings.  This is back down on relatively low volume which shows most still see the tremendous potential here. 

The new credit facility of $4 million speaks volumes.  I see this as a read between the lines opportunity that will prevail itself overtime.  Schools are already flushed with devices and now Samsung is pushing EXO U's, their burn rate has been significantly reduced and theyve started generating revenue. 

This is a no brainer and patience will be rewarded. If you doubt it please sell to stronger hands but this day to day price action is irrelevant short term.
 
GLTAL
Bullboard Posts